Lam Research Corp.

Company Overview

Lam Research Corporation (Lam) produces and sells semiconductor processing equipment utilized in manufacturing integrated circuits. Their equipment is vital in applying specific layers onto silicon wafers and selectively removing parts of different layers to form circuit patterns. The company operates in one reportable business segment: manufacturing and servicing of wafer processing semiconductors. manufacturing equipment.

Lam offers a range of products including thin film deposition, plasma etching, photoresist removal, and wafer cleaning, and serves as multiple stages in semiconductor production. Lam distributes its products globally across geographies namely China, Korea, Taiwan, Japan, U.S., Southeast Asia, and Europe. Additionally, the company’s customers include Taiwan Semiconductor Manufacturing Company (TSMC), Intel Corporation, Kioxia Corporation, Micron Technology Inc., and Samsung Electronics Company, Ltd.

In December 2022, Lam announced its acknowledgment for prominent environmental, social, and governance (ESG) performance, securing a spot on the Dow Jones Sustainability Index for North America (DJSI North America) for the second consecutive year.

Financial Highlights (FY 2023)

Company's Business Segments

• Systems Revenue : Systems revenue includes sales of new leading-edge equipment in deposition, etch and clean markets.
• Customer support-related revenue and other : Customer support-related revenue includes sales of customer service, spares, upgrades, and non-leading-edge equipment from the Company’s Reliant product line.